Equity Asset Valuation, Third Edition offers a comprehensive exploration of equity investments and asset valuation, blending theory and practice for a thorough understanding of the equity asset world. This indispensable resource, authored by Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, and Paul F. Miller Jr., is an ideal supplement for those preparing for the third level of the CFA certification program. It expertly integrates accounting and finance concepts to delve into a variety of valuation models, challenging readers to discern the most suitable models for specific companies and situations. Featuring clear learning outcome statements, the text guides you through essential topics such as the analyst’s approach to equity valuation, the fundamental Dividend Discount Model (DDM), and the derivation of the required rate of return within the framework of Markowitz and Sharpe’s modern portfolio theory. The book illuminates the world of equity investments—the strategic buying and holding of stock shares for potential dividend income and capital gains—and emphasizes the critical importance of valuation techniques in identifying profitable investment opportunities in today’s market. Published by Wiley on November 2, 2015, this edition carries ISBN-10: 1119104262 and ISBN-13: 978-1119104261.